Tag: auto industry
Stellantis pays $100,000 to supplier to prevent factory closures in Indiana
Stellantis recently prevented factory closures by paying a supplier $100,000. The supplier, MacLean-Fogg Component Solutions LLC, had threatened to cease shipping pinions and gears...
Wholesale used vehicle prices slip in early April as sales pace...
Used vehicle prices at auction declined again in the first half of April as the average pace of sales slowed following a burst of...
Rivian announces second round of layoffs to boost profitability
Rivian, the EV startup, is taking drastic measures to boost its profitability. The company is implementing a second round of layoffs this year, which,...
Wholesale used car prices dip, Mexico denies China incentives, Rivian cuts...
Inside Automotive
How to incorporate employee feedback and win more talent — Gloria Purdy | Hoffman Auto Group
Listening to employee feedback is more than a...
How to incorporate employee feedback and win more talent — Gloria...
Listening to employee feedback is more than a simple strategy for keeping workers happy. It is a critical component of your dealership's talent acquisition...
Tesla share price continues to plunge as Q1 earnings report looms
Tesla share prices continued to fall this week after a leaked internal memo indicated the company planned to lay off more than 10% of...
Governors share anti-union statement ahead of key VW vote
Republican governors from six states have issued a statement warning residents against unionization as employees at Volkswagen's Tennessee plant prepare for a vote to...
NHTSA investigates over 3 million Honda vehicles after 47 crashes reported
On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into...
Governors issue anti-union statement, Tesla share price dips, NHTSA investigates Honda
Inside Automotive
Industry expert warns against overreliance on EVs, advocates for consumer-driven options – Joe McCabe | AutoForecast Solutions
Despite the push towards EVs, the adoption...
Does America have a used EV problem – or opportunity?
In the US, there are two used cars on the road for every new one. Pre-owned auto sales is big business. Plummeting prices, soaring...